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A company director has been charged with Sh 16M fraud.
Peter Mutua Maithya of vimcape Capital Limited appeared magistrate Lucas Onyina and denied the charges.
He was charged that on diverse dates between January 26,2020 and September 13,2021 at Vimcape Capital Limited Office in Bruce House,with intention to defraud obtained Sh 16,750,000 from Janet Middah by falsely pretending that he was making capital investment for the benefit of Middah,knowing it was false.
He pleaded for leniency and was released on Sh 1.5M cash bail.
